The Problem With Mark Zuckerberghttp://www.businessinsider.com/maybe-mark-zuckerberg-doesnt-like-money-enough-to-run-a-100-billion-company-2012-4/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Fri, 09 Dec 2016 21:06:40 -0500Nicholas Carlsonhttp://www.businessinsider.com/c/4f9a9abceab8ea0a76000007JimFri, 27 Apr 2012 09:10:20 -0400http://www.businessinsider.com/c/4f9a9abceab8ea0a76000007
Mark Zuckerberg not caring about the money? Who came up with this thought?
If he didn't care about the money why did he STEAL the idea for Facebook from the Winklevoss Twins back at Harvard?
Article makes no sense to me..http://www.businessinsider.com/c/4f994d08eab8ea5c12000001Matt AucklandThu, 26 Apr 2012 09:26:32 -0400http://www.businessinsider.com/c/4f994d08eab8ea5c12000001
Yeah but that film should've started with "Once apon a time".http://www.businessinsider.com/c/4f994ccbeab8ea6512000001Matt AucklandThu, 26 Apr 2012 09:25:31 -0400http://www.businessinsider.com/c/4f994ccbeab8ea6512000001
Too right. Money a wealth is great, but you can't take it with you to the next life. Do something amazing, and not greedy.http://www.businessinsider.com/c/4f994c5a69beddcc22000009Matt AucklandThu, 26 Apr 2012 09:23:38 -0400http://www.businessinsider.com/c/4f994c5a69beddcc22000009
I have to agree. Mark is doing a good job, he's one of the only people in the world to acheive what he has, and maintain such a massive user base.
If you want to see that happens when business focused CEO's are brought in, then take a look at Yahoo. Once apon a time the poster child of the digital age, but now a burnt out wreck of a rock star singing for whoever will pay them. Sad state of affairs.http://www.businessinsider.com/c/4f994be5eab8ea540f000008John SmithThu, 26 Apr 2012 09:21:41 -0400http://www.businessinsider.com/c/4f994be5eab8ea540f000008
The article title should read, "Zuckerberg isn't greedy enough for wall street."http://www.businessinsider.com/c/4f9947a6ecad04aa5f000009RickKThu, 26 Apr 2012 09:03:34 -0400http://www.businessinsider.com/c/4f9947a6ecad04aa5f000009
Sounds like Steve Jobs to me.http://www.businessinsider.com/c/4f991fe9ecad047c18000003Nicolas SERGEThu, 26 Apr 2012 06:14:01 -0400http://www.businessinsider.com/c/4f991fe9ecad047c18000003
Totally agree with you M.Z.
All of my support!http://www.businessinsider.com/c/4f98f06469bedd0e45000069wealthylovingc0mThu, 26 Apr 2012 02:51:16 -0400http://www.businessinsider.com/c/4f98f06469bedd0e45000069
It is the largest and best club for wealthy people and their admirers to chat online.. you don't have to be rich there ,but you can meet one , It's worthy a try.
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sounds terrific! but is it really true about Mark?
but great management style, wish this happened in banks - we may have avoided the financial crisis?http://www.businessinsider.com/c/4f986c9969beddaa28000008Pierre AugustinWed, 25 Apr 2012 17:28:57 -0400http://www.businessinsider.com/c/4f986c9969beddaa28000008
Your article is actually very flattering towards Zuckerberg. He has indeed demonstrated a lot of the attributes of a great CEO. He is working towards creating a powerful, customer-oriented company which fundamental purpose is to change the world. Your assertion that Zuckerberg's primary penchant is not wealth is probably true but the context in which you frame it is misleading. I think he cares about his employees, and the investors that his strategy to bring value to the company is rather a long term one. He understands well that in his quest to quickly monetize the FB platform he may end up chasing away the users. And I'm not sure that his attitude is so detached towards the IPO and the business's side of the company. On this point we should probably agree that he has great managerial skills. He understands his limitations and is keenly aware of the needs of Facebook. Sheryl Sandberg is a great addition to the company. Long term growth, as you say, is his mantra and any potential investor should be pleased to have a visionary as Zuckerberg at the reign of the company. I guess we agree that he will not be distracted in his laser focus to create growth...http://www.businessinsider.com/c/4f983edbeab8eaf826000060Sirah ManzoorWed, 25 Apr 2012 14:13:47 -0400http://www.businessinsider.com/c/4f983edbeab8eaf826000060
The people who pay Facebook are advertisers, and Zuckerberg does not seem to care if they love the experience or not. He's hired someone to do that for him. He's more concerned about patents and publication rights. see <a href="http://bit.ly/Ji5Moo" target="_blank">http://bit.ly/Ji5Moo</a>http://www.businessinsider.com/c/4f983e2369bedd8735000004THE SEC/DOJ SHOULD BLOCK THE INSTAGRAM MERGERWed, 25 Apr 2012 14:10:43 -0400http://www.businessinsider.com/c/4f983e2369bedd8735000004
the sec should block facebook's purchase of one of its strongest competitors.http://www.businessinsider.com/c/4f983d9e6bb3f7251500000aBLOCK THE PURCHASE OF INSTAGRAM ON ANTI-TRUST GROUNDSWed, 25 Apr 2012 14:08:30 -0400http://www.businessinsider.com/c/4f983d9e6bb3f7251500000a
the sec should block facebook's purchase of one of its strongest competitors.http://www.businessinsider.com/c/4f983c1769beddc635000006Kabelo NkakalaWed, 25 Apr 2012 14:01:59 -0400http://www.businessinsider.com/c/4f983c1769beddc635000006
1. Mark's approach is the correct one for someone running a social network because his company's well being is pretty much determined by how much people like his website.
2. If you are convinced that Facebook is gonna go the way of Myspace then congratulations you have just exposed how old you are!http://www.businessinsider.com/c/4f983a6869bedd6b2000001cwei-min chuWed, 25 Apr 2012 13:54:48 -0400http://www.businessinsider.com/c/4f983a6869bedd6b2000001c
Yes of course Warren Buffet.
Broadly speaking there are two kinds of CEO's: product focused and sales focused. Product-focused CEO's tend to be low key, e.g Gates, Page, Jobs etc. Sales-focused CEO's tend to be flashy, e.g Ellison, Fiorina, Whitman etc.
Zuckerberg has done very well monetizing Facebook, considering that user communications are barely monetizable. Facebook threads are just slightly above instant messages or email. His challenge is how to get beyond that.http://www.businessinsider.com/c/4f98386e6bb3f7b90800001cKabelo NkakalaWed, 25 Apr 2012 13:46:22 -0400http://www.businessinsider.com/c/4f98386e6bb3f7b90800001c
Da faq u mean?http://www.businessinsider.com/c/4f9836b569beddeb0f000090Jemy AndersonWed, 25 Apr 2012 13:39:01 -0400http://www.businessinsider.com/c/4f9836b569beddeb0f000090
i don't think Mark Zuckerberg does not need money, because in this world every one wants more and more money.http://www.businessinsider.com/c/4f983115ecad04840100002aRonald DreaganWed, 25 Apr 2012 13:15:01 -0400http://www.businessinsider.com/c/4f983115ecad04840100002a
Oh that's right, it's not just the rich buying stock. How could I have been so short sided.. of course poor people are buying stock.. by the truckload. Who needs food when you can buy some FB stock. Sal, thank you for opening my eyes to the fact that poor people can buy just as much stock as a rich person, I feel like a better person for knowing this.http://www.businessinsider.com/c/4f982bd9ecad044f7c00000dMarfaWed, 25 Apr 2012 12:52:41 -0400http://www.businessinsider.com/c/4f982bd9ecad044f7c00000d
He managed NOTHING. People talk about this guy like if he had come up with a cure for cancer... He is an outlier...Btw, have chinese become geniuses overninght?? NO, just right place, right time PERIOD. A guy comming out from Croatia and earning USD15mio pa without a degree NOW THAT IS A GENIOUS.http://www.businessinsider.com/c/4f982b14eab8ea4108000033JafWed, 25 Apr 2012 12:49:24 -0400http://www.businessinsider.com/c/4f982b14eab8ea4108000033
Personally, I believe Zuckerberg's style of management should be applauded. In fact, more CEO's should focus on their company and employees, not on shareholder value and stock price. The latter creates CEO's who are out-of-touch with customers who, after time, will shop elsewhere for the products and services they want. By focusing on employees and the company as a whole, employees build better products and provide better services, and in doing so, benefits customers who buy more of your product, ultimately raising shareholder value through higher revenues and profits.http://www.businessinsider.com/c/4f98298169bedde26600005bUNCLE OWENWed, 25 Apr 2012 12:42:41 -0400http://www.businessinsider.com/c/4f98298169bedde26600005b
The real problem is that no one trusts Genrikh Zuckerberg's Gulag.
People are not logging in, have closed their accounts. It started about a year ago.
BYE BYE FB!http://www.businessinsider.com/c/4f982956eab8ea150b000018junk scienceWed, 25 Apr 2012 12:41:58 -0400http://www.businessinsider.com/c/4f982956eab8ea150b000018
and look at warren buffett's house...in omaha of all places!! has he no respect for wall street?!?!http://www.businessinsider.com/c/4f9828efeab8ea900d000003JafWed, 25 Apr 2012 12:40:15 -0400http://www.businessinsider.com/c/4f9828efeab8ea900d000003
Jobs' house in CA was very modest despite the fact he was worth about $4B when he died, it was NOT a mansion, like Oprah or Tom Cruise, not even close. Google it, see for yourself,http://www.businessinsider.com/c/4f981de0eab8eadc6a000028thebigciceroWed, 25 Apr 2012 11:53:04 -0400http://www.businessinsider.com/c/4f981de0eab8eadc6a000028
I love Facebook, but I totally agree - hate it that people can post pics of you at will and tag them. Ack!http://www.businessinsider.com/c/4f981da2ecad04a95d000039thebigciceroWed, 25 Apr 2012 11:52:02 -0400http://www.businessinsider.com/c/4f981da2ecad04a95d000039
Jobs didn't care about money??? Are you kidding? He had a mansion in CA and an expensive apartment in NYC.http://www.businessinsider.com/c/4f981d906bb3f7145700003cXdwolfXWed, 25 Apr 2012 11:51:44 -0400http://www.businessinsider.com/c/4f981d906bb3f7145700003c
Facebook is just a trend, it will go the ways of myspace and aol / aim.
The company creates no real - world value that you couldn't achieve with a tweet or a text.
Infact a lot of people are growing sick of face book, most people just use it as an online photo album (which actually pisses me off because I hate it when people take pics of you and just post them like they have some ordain right to).
Fucking clowns on facebook... the true scum of society.http://www.businessinsider.com/c/4f9819d3ecad04765d000011Justin PoppitiWed, 25 Apr 2012 11:35:47 -0400http://www.businessinsider.com/c/4f9819d3ecad04765d000011
Wow, a thought-provoking post by a BI writer? How did this happen? Good job, Nicholas.http://www.businessinsider.com/c/4f9813f2eab8ea5752000012MySpace.comWed, 25 Apr 2012 11:10:42 -0400http://www.businessinsider.com/c/4f9813f2eab8ea5752000012
MySpace.com . . . how quickly everybody forgets.http://www.businessinsider.com/c/4f9810ceeab8ea4556000001And3Wed, 25 Apr 2012 10:57:18 -0400http://www.businessinsider.com/c/4f9810ceeab8ea4556000001
Oh woe ! Cue the anguished teeth gnashing from the Wall Street porkers.http://www.businessinsider.com/c/4f980ef4eab8ea4b4900000dSteve JobsWed, 25 Apr 2012 10:49:24 -0400http://www.businessinsider.com/c/4f980ef4eab8ea4b4900000d
Actually, I had a $40 million jet. I I asked it to the Apple board "to take the family to Hawaii" (hehe). Later I invested millions to reform it.
Also, during my life I purchased varied mansions and huge apartments in expensive locations. In 1984, for example, I bought the Jackling House, a 17,000-square-foot (1,600 m2), 14-bedroom Spanish Colonial mansion designed by George Washington Smith in Woodside, California.
But yeah, I didn't like money. I was just bored.http://www.businessinsider.com/c/4f980d21ecad04ea3d000034RBWWed, 25 Apr 2012 10:41:37 -0400http://www.businessinsider.com/c/4f980d21ecad04ea3d000034
It will be interesting to see how this goes. This guy doesn't seem to play nice with others and he's gonna have a lot more people to answer to as a public company. Unless he gets a pass. Personally, I don't think FB will be as great of an investment as everybody thinkshttp://www.businessinsider.com/c/4f980ce569bedd2a2e00002acbossWed, 25 Apr 2012 10:40:37 -0400http://www.businessinsider.com/c/4f980ce569bedd2a2e00002a
The Problem with Facebook Investors who whine about Mark Zuckerburg is they forget how Facebook got to be a powerhouse. (like/believe it or not, it is a powerhouse)
Zuck is concerned with creating value for it's customers, not it shareholders. Customer value creates shareholder value, not the other way around. So if you think ROE is the path to a profitable future for FB, you're a dumbass.http://www.businessinsider.com/c/4f980ca5ecad04f145000004Real InsightWed, 25 Apr 2012 10:39:33 -0400http://www.businessinsider.com/c/4f980ca5ecad04f145000004
Hilarious they say he's created no value when this CEO passed on a $700M acquisition offer from Yahoo and has grown the company to be worth $100B. Honest to God, this must be a satire about Zuck. Everyone involved with Facebook is going to get filthy rich.http://www.businessinsider.com/c/4f980c286bb3f7d831000042Rich AlapackWed, 25 Apr 2012 10:37:28 -0400http://www.businessinsider.com/c/4f980c286bb3f7d831000042
When did it become a bad thing to only care about work and spend most waking hours at the office? That dedication has resulted in a product that almost a billion people use and half a billion use daily. Concentrating on building something with that kind of appeal was the absolute right idea. If he had focused on generating revenue it might not have resulted in the mind blowing amount of users FB now has. Ask any entrepreneur and I'm sure they would love to have the problem of figuring out how to most effectively monetize rather than just monetize because they have that many users.http://www.businessinsider.com/c/4f980b9aecad04c63d000023Dean NicholasWed, 25 Apr 2012 10:35:06 -0400http://www.businessinsider.com/c/4f980b9aecad04c63d000023
Spartan living conditions, obsession with changing the world rather than making money... sounds like a young Steve Jobs. Remind me, how profitable is his company these days?http://www.businessinsider.com/c/4f98032becad04b729000055Resume MarketingWed, 25 Apr 2012 09:59:07 -0400http://www.businessinsider.com/c/4f98032becad04b729000055
When they were dividing up the pie in "The Social Network" it sure seemed like money was a factor.http://www.businessinsider.com/c/4f98025469bedd272e000008WeWereWallStreet.comWed, 25 Apr 2012 09:55:32 -0400http://www.businessinsider.com/c/4f98025469bedd272e000008
Good. Shoot the whole bunch of these idiots and close their mind-numbing, time-sinkhole websites down. Apologies for the bad grammar.
These things are ruining the top news sites in the world, like Business Insider and the NY Times. And all they sell is advertising. That's our new national competitive advantage: America, home of the best advertising models in the world. We kick everyone else's asses in advertising.
Make you feel good, eh?
This is the biggest pump-and-dump, with the VCs foisting their shares on an idiot public after the IPO. It's like Paulson doing it to the German banks. Should that be legal?http://www.businessinsider.com/c/4f98023feab8ea2b2b00002eAmsterdamWed, 25 Apr 2012 09:55:11 -0400http://www.businessinsider.com/c/4f98023feab8ea2b2b00002e
Zuckerberg is right, don't let thinking of the harvest distract you when you're busy sowing.http://www.businessinsider.com/c/4f98023569bedd162b000006wei-min chuWed, 25 Apr 2012 09:55:01 -0400http://www.businessinsider.com/c/4f98023569bedd162b000006
The thesis of the article is flawed. You dont need to want the trappings of wealth to create shareholder value. In fact, some of the biggest creators of shareholder value did not value wealth at all, e.g. Sam Walton, the founder of the Walmart.http://www.businessinsider.com/c/4f97ff69eab8ea2d2b000019ppipWed, 25 Apr 2012 09:43:05 -0400http://www.businessinsider.com/c/4f97ff69eab8ea2d2b000019
In short, he wants to be God.
God dont want or need money.http://www.businessinsider.com/c/4f97f516ecad04680b00006aHAHAWed, 25 Apr 2012 08:59:02 -0400http://www.businessinsider.com/c/4f97f516ecad04680b00006a
How controversial, not completely motivated by making money? is this guy human?http://www.businessinsider.com/c/4f97f504eab8eaff18000005Fi guyWed, 25 Apr 2012 08:58:44 -0400http://www.businessinsider.com/c/4f97f504eab8eaff18000005
Im sure right after this you guys are going to post some article about how companies focus too much on short term quarterly profits and how it is destroying the US economy and corporates dont focus enough on long term growth and bla bla bla bla.
cant make everybody happy. but he did manage to grow fb into a 100 bil co. so.....http://www.businessinsider.com/c/4f97f4996bb3f7a51300000eDean WormerWed, 25 Apr 2012 08:56:57 -0400http://www.businessinsider.com/c/4f97f4996bb3f7a51300000e
You guys need to follow whats going on with this California suit against game makers for kids. This is what's killing Zynga and will be a major chink in the armor for FB.